Wet Weather in America Adds Volatility, Not Value

It has been a mixed week for new crop values over the last seven days as markets appeared to open for the week’s trading with a slightly firmer tone before slowly retreating. Despite the generally bearish outcome of last week’s Supply and Demand Estimates from the US Department of Agriculture (USDA), grain futures have latched on to the notion of “poor weather over in the US” this week...
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August Feed Wheat at £130/T, Barley at £110/T

The latest World Agricultural Supply and Demand Estimates (WASDE) from the US Department of Agriculture (USDA) were released towards the end of last week and although the report didn’t exactly bring any hidden surprises; it did confirm that the recent excitement regarding ‘potential weather issues’ in the US and Europe have certainly been overdone. Global wheat production for the upcoming...
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Feed Wheat Trades sub £140/T ex-farm

New crop feed wheat values have slipped below the £140/T ex-farm mark this week with current values for as available collection at harvest in the region of £135/T ex-farm. For those of you looking for £140/T ex-farm, this would probably be a realistic offer for October/November collection at this stage depending on both farm location and quality specification. Feed barley would currently...
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